Daily Interest: Finally, A Jobs Report Full Of Intrigue!

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Kerry Washington

Hold on. I know exactly how to call about fixing this. (Yes, Kerry, it’s you!)

Here’s the news that caught my eye today while thinking that there’s no way this watch is worth $100,000.

(It doesn’t even run apps!)

  • The numbers in a jobs report leading up to last year’s election were manipulated. At least, that’s what the New York Post claims. From August to September last year, the unemployment rate fell from 8.1% to 7.8%; however, an anonymous source claims the Census Bureau fudged that data—something they’ve allegedly done before too. Not only that, but the source also claims they found rat poison in President Obama’s hair. (Whoops. Sorry. Mixing up my conspiracy theories. Who am I, Anthony Crispino?)
  • David Byrne is worried about your privacy. Very worried. In response to the cellphone-hacking scandal, the former Talking Head wrote a lengthy post about his concerns for the future of our society. Pitchfork pulls some of the more interesting sections, including Byrne’s fear that “one of the next revelations will be that all of our credit cards and passwords will have been hacked by the NSA.” The only solution for such governmental issues? I think we all see where this is going.
  • Speaking of looking at your credit card information, Experian (which is allowed to do that, I think) analyzed more than 10 million credit files to identify the spending habits of millennials. Their findings? Millennials keep the lowest average balance on their credit cards. However (there’s always a “however” after good stats about millennials, right?), they also have a relatively high incidence of late payments. Frankly, I don’t get it—have we not learned anything from the memes we adore so much?
  • With the holiday season around the corner, you’re likely headed home. And while we all do this to see our families, of course, you also might get a chance to see some old friends. Likely, that will be over dinner … or drinks … or some other type of food. (Why doesn’t anyone want to hang out in the basement anymore?) If money is a little tight for that, and the basement really is a non-starter, check out these four tips from Everything Finance about how to save a few bucks when you go out to eat.
  • Groupon continues to expand. Only this time, they’re kind of expanding inward. (That makes sense, right?)  The company, which apparently recently branched out into offering restaurant reservations (?), now provides something much more aligned with its traditional services: actual coupons. Located under a new “Freebies” section of their website are good-old-fashioned discounts from retailers like Best Buy, Macy’s, and Nordstrom. There’s no word if other online giants will also de-evolve like this, but I, for one, can’t wait for Skype to come out with a rotary phone.

What money-related news caught your eye today? Let us know in the comments.

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